Karen is considering opening a new store. It will require $1,260,805 in capital spending to...
80.2K
Verified Solution
Link Copied!
Question
Finance
Karen is considering opening a new store. It will require $1,260,805 in capital spending to begin the project, as well as an increase in net working capital of $148,330. Once operational, she forecasts that it will add $484,800 to operating cash flow every year for at least ten years. What amount should she use for the project cash flows for year 1?
